Many Businesses Have A(n)__________,which Is a Password-Protected Network That Uses

question 66

Multiple Choice

Many businesses have a(n) __________,which is a password-protected network that uses web-based technologies for employee collaboration and productivity.

• A)firewall
• B)intranet
• C)internet
• D)Social network

Understand how changes in the price of goods and income affect the budget line on a graph.

Analyze the impact of price changes on a consumer's budget set and consumption possibilities.

Calculate the price of one good given the price of another good and a fixed budget.

Determine the maximum quantity of goods a consumer can afford under budget and dietary restrictions.

---

Definitions:

Individual Seller

A single entity or person engaged in the act of selling goods or services, typically on a small scale or directly to consumers.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, due to higher market price.

Individual Producer Surplus

The net gain to an individual seller from selling a good; equal to the difference between the price received and the seller’s cost.

Phantom Tickets

Tickets for an event that are sold or promised to a customer but actually do not exist or are not available.